[The following information applies to the questions displayed below Preble Company manufactures one product. Its varlable manufacturing overhead is applied to production based on direct labor-hours and Its standard cost card per unit is as follows Direct material: 5 pounds at $8.00 per pound Direct labor 2 hours at $14 per hour Variable overhead: 2 hours at $5 per hour $40.00 28.00 1000 Total standard variable cost per unit $78.00 The company also established the following cost formulas for its selling expenses: Fxed Cost per Variable Cost per Unit Sold Monthp Advertising Sales salaries and commissions $200,000 $ 100,000 $12.00 $ 3.00 Shipping expenses The planning budget for March was based on producing and selling 25,000 units. However, during March the company actually produced and sold 30,000 units and incurred the following costs: a. Purchased 160,000 pounds of raw materials at a cost of $7.50 per pound. All of this material was used in production b. Direct-laborers worked 55,000 hours at a rate of $15.00 per hou c. Total variable manufacturing overhead for the month was $280,500. d. Total advertising, sales salaries and commissions, and shipping expenses were $210,000, $455,000, and $115,000, respectively